Terra Mining’s vision and focus is on becoming a strong mineral and gold production company – initially from building a solid gold production base in Africa (Zimbabwe). Terra Mining is mainly focused in targeting low cost open pit gold projects to develop a long term sustainable mining operation in Africa with a start of one major mining projects in Zimbabwe. Terra Mining is taking over mining concessions for long-life gold deposits in the region - all significant in Zimbabwe with gold deposits estimated around 80tons of gold.
Terra Mining’s focus is on open pit mining activities and we aim to
acquire and develop several gold mining concessional claims.
Continuous negotiations regarding different potential projects are
all progressing well.
As such Terra Mining is pleased to
announce that we have successfully negotiated and acquired MJK
Holding company in the United Arab Emirates with its ownership in
six rich gold concession blocks in the Banket area, Zimbabwe. All
rights with ownership of all its mining concessions and licenses
have been assured through 100% ownership of the MJK Holding in Dubai
by Terra Mining AG Switzerland.
Terra Mining is now
planning to establish a Dubai office
in 2017. Dubai will serve as the operation and trading hub in the
future. Terra Mining is on the way to build an international network
of key associates and expects to provide opportunities for new
investors. Terra Mining’s prime focus is to sustainably explore the
potential resources in a smooth step by step approach by carefully
scaling up the operations in Africa. Terra Mining is also aiming to
acquire more selected gold assets over time in the future.
Terra Mining sees Gold as a defensive investment tool / medium
especially during times of economic turmoil and global uncertainty.
It became obvious over the last years during the financial crisis
and the political instabilities in many regions around the globe.
Terra Mining invests in its own right given the increase in demand
from China and India and other parts in the world. Given the fact
that Gold is also increasingly a key component in various industries
shows that the global forecasts are positive.
International commodity prices have risen strongly over the last
decade. The Gold price has risen from a low of US$ 270 in 2001 to a
record high of US$ 1921 per ounce in September 2011, an over 712%
increase in 10 years. Today the current price of gold stands slighty
below US$ 1200 per ounce, an increase of 444% compared with 2001.
Bank of America forecasts an average per ounce price of
approximately US$ 1248 during 2015 and an increase to US$ 1338 in
2016. Even under changing conditions, the gold market remains well
supported and the global market remains in overall balance. A strong
foundation for the future.
Switzerland is known for its stability, in particular in the areas of politics, social cohesion, private property and security. Neutrality, security and stability have been and will continue to be the basis for Switzerland's distinctive tradition. The Swiss federal and legal system is uncomplicated and secure. Excellent financial services, a long tradition of banking and insurance, and favorable legal framework conditions make Switzerland a leading global financial center. High standards, guaranteed security, lasting stability and reliable governance are important values for Terra Mining as well, this is why Switzerland is the location of choice for Terra Mining and its partners.
Dubai’s long-established reputation as a meeting place for business and commerce is largely due to its location. Dubai has been known as the perfect channel for imports and exports between Asia, Africa and Europe. Without doubt it is an important transit point for trade flows to and from Africa. Furthermore it is a natural springboard for business leaders looking to enter or expand into these important markets. Also the city becomes increasingly influential as a sophisticated global hub. Facts are showing that Dubai’s recent rise to a global economic, financial and commercial powerhouse has made headlines across the world. This environment and the Dubai spirit is one of the reasons why Terra Mining made the decision to invest in Dubai (MJK Holding company) and to plan for an office in the future. Terra Mining with headquarters in Switzerland, customer relations, operations and trading in Dubai and mining operations in Zimbabwe is well positioned to add value to its shareholders and partners in the future.
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